Binance Buzz: Pi Coin Wallet Activity Triggers Listing Rumors

Binance Buzz: Pi Coin Wallet Activity Triggers Listing Rumors

Source: NewsBTC

Published:04:00 UTC

BTC Price:$102462

#pinetwork #binance #crypto

Analysis

Price Impact

Med

Rumors of a binance listing, even without confirmation, can generate excitement and trading activity, potentially leading to a price increase. however, the lack of official confirmation tempers the potential impact.

Trustworthiness

Med

The news is based on wallet activity observed on the blockchain and reported by a news source. while the wallet activity is factual, the interpretation (binance listing) is speculative. binance has made no official statement.

Price Direction

Bullish

If the rumors of listing are true, the price could experience a surge due to increased accessibility and trading volume. even the rumor itself is having some price movement.

Time Effect

Short

The immediate effect of the rumor is short-lived, dependent on whether binance confirms the listing or if the ecosystem update on may 14 provides positive catalysts. if the listing doesn't happen the price can fall back to normal level or lower.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Something strange has raised the eyebrows of the Pi Network community this week. A wallet associated with Binance’s Stellar deposits, which had already been used in Pi Coin transactions, has exhibited fresh activity. That was enough to ignite rumors that Binance might be quietly gearing up for a Pi Chain integration or even a future listing of $PI. Related Reading Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing? 1 day ago No official announcement has been made by Binance . But according to what blockchain monitors have observed, a number of small test-like transactions have been passed through the same wallet that was responsible for processing previous Pi-connected movements. The timing is what actually made people speculate. Is $PI finally coming to Binance? The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain. The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork pic.twitter.com/2lUqPy5Ivi — MOON JEFF 🪐 (@CRYPTOAD00) May 7, 2025 Ecosystem Update Set The wallet activity precedes, by just days, an upcoming Pi Network update. On May 14, the Pi Core Team will consider and perhaps approve a number of third-party apps to list on its ecosystem. It is one of the steps being taken towards integrating more use cases within the network, particularly following the release of its open mainnet in February. A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD — Pi Network (@PiCoreTeam) May 7, 2025 That launch was a watershed moment for Pi, which now boasts more than 60 million users globally. Nevertheless, the project continues to need to resolve important concerns such as inadequate smart contract functionality, slow transaction speeds, and stringent liquidity constraints. Those vulnerabilities have rendered it difficult for Pi to garner meaningful developer attention for creating apps and services. PIUSD trading at $0.62 on the 24-hour chart: TradingView.com Pi Price Remains Stable PI coin has been having a decent performance of late. The coin sustained a solid run in the last seven days with a 2% increase, data from Coingecko shows. The ongoing rumors of a Binance listing may lift the coin price up further, or it could go sideways. Pi price up in the last week. Souce: Coingecko Related Reading Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K 1 day ago Binance Silence Keeps Market Guessing While some in the crypto community are optimistic, others are standing by. Binance has said nothing about Pi Coin. That has not deterred online whispers, but it certainly leaves a great many questions unasked. There is no evidence that Binance is looking to list Pi Coin – at least when this report was made – and the wallet movement could prove to be a coincidence. Eyes On Binance And Pi Network Ahead Of Key Date Meanwhile, the Pi community stands by for fresh scoop. May 14 might usher in significant changes. If the Binance wallet activity is the tip of a larger iceberg, and if PI does indeed get listed, that would shift the course of the project. Featured image from Gemini Imagen, chart from TradingView